Govt mobilises $184 million through G-bond auctions

March 30, 2017 | 09:03

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The Bank for Social Policies has mobilised VND4.2 trillion (US$184 million), so far, this year by auctioning Government-guaranteed bonds at the Ha Noi Stock Exchange (HNX).

Photo shows Government bonds being traded.-Photo tapchitaichinh.vn

The latest auction was held on Tuesday, bringing the bank VND980 billion, which included VND300 billion in five-year bonds, VND400 billion in 10-year bonds and another VND280 billion in 15-year bonds.

The bidding for the five-year bonds fetched VND300 billion at a winning coupon rate of 5.4 per cent per annum, up 0.1 per cent from last week’s session. The bidding attracted two HNX members with valid bidding volume of VND400 billion and annual coupon rate ranging from 5.3 per cent to 5.5 per cent.

Two members participated in the bidding session for the 10-year bonds with valid bidding volume of VND650 billion at 6.45 to 6.5 per cent per annum. The bonds earned VND400 billion at a winning coupon rate of 6.47 per cent per annum, down 0.01 per cent from last week’s session.

Meanwhile, VND280 billion worth of 15-year bonds were mobilised at a winning coupon rate of 7.35 per cent per annum. The bidding session attracted two participants with valid bidding volume totalling VND380 billion and annual coupon rate ranging from 7.3 per cent to 7.35 per cent.

VNS

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